M&A Deal Summary |
|
|---|---|
| Date | 2021-12-01 |
| Target | DuraMark Technologies |
| Sector | Business Services |
| Buyer(s) |
Cardinal Equity Partners
Centerfield Capital Partners |
| Deal Type | Recapitalization |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1993 |
| Size | Middle-Market |
| Type | Sector Agnostic |
Cardinal Equity Partners is a privately owned partnership that targets investments in lower middle-market businesses headquartered in the central portion of the US. Cardinal looks for light manufacturing, distribution, or service businesses with $5 to $50 million in revenue and at least $1 million of EBITDA. Prospective transaction situations include management buyouts, recapitalizations, family successions, and corporate spin-offs. Cardinal prefers businesses with proven management, recurring revenue, and no major customer concentration issues. Cardinal will not invest in software, heavy manufacturing, automotive, consulting, or companies with a significant percentage of non-US sales. Cardinal Equity Partners was formed in 1993 and is based in Indianapolis, Indiana.
| DEAL STATS | # |
|---|---|
| Overall | 24 of 28 |
| Sector: Business Services M&A | 1 of 2 |
| Type: Recapitalization M&A Deals | 6 of 6 |
| State: Indiana M&A | 9 of 10 |
| Country: United States M&A | 24 of 28 |
| Year: 2021 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-07 |
Heartisan Foods
Barron, Wisconsin, United States Heartisan Foods is a specialty cheese manufacturer and distributor that focuses on producing branded and private-label specialty and flavored cheese products, offering over 70 varieties, including bricks, rounds, slices, curds, shreds, and spreads. Heartisan Foods was founded in 1991 and is based in Barron, Wisconsin. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-02 |
Gillette Generators
Elkhart, Indiana, United States Gillette Generators is a Midwest-based manufacturer and supplier of premium standby backup and prime power generators for agricultural, commercial, industrial, and critical infrastructure end-users. Gillette Generators is based in Elkhart, Indiana. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 2001 |
| PE ASSETS | 1.0B USD |
| Size | Large |
| Type | Sector Agnostic |
Centerfield Capital Partners is a private investment firm that provides subordinated debt and equity capital to mid-market companies. Prospective transactions include acquisition financings, management buyouts, shareholder liquidity needs, recapitalizations, corporate divestitures, ESOP financings, and sponsored/unsponsored transactions. Centerfield generally invests in companies with sales of $15 to $100 million and EBITDA of $3 to $15 million. Target sectors include manufacturing, business services, healthcare services, and transportation/distribution. Centerfield will not invest in early stage businesses, turnaround situations, retail, real estate, and finance companies. Centerfield Capital Partners was founded in 2001 and is based in Indianapolis, Indiana.
| DEAL STATS | # |
|---|---|
| Overall | 75 of 100 |
| Sector: Business Services M&A | 7 of 11 |
| Type: Recapitalization M&A Deals | 15 of 19 |
| State: Indiana M&A | 11 of 12 |
| Country: United States M&A | 75 of 100 |
| Year: 2021 M&A | 6 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-10-25 |
Cosmic Pet
Wichita, Kansas, United States Cosmic Pet is a designer, marketer, and distributor of pet products, including toys, beds, collars and leashes, treats, feeders and bowls, and other accessories. Cosmic Pet is based in Wichita, Kansas. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-31 |
Century Drill & Tool
Green Bay, Wisconsin, United States Century Drill & Tool is a supplier of branded power tool accessories and hand tools for contractors, trades professionals, and DIY users across multiple retail segments. Century Drill & Tool was founded in 1940 and is based in Green Bay, Wisconsin. |
Buy | - |
